Survival of the Fittest and Cooperation: Examining the world from the perspective of competition for survival reveals that only the strong and fittest survive, a concept often referred to as “Falling Prey to the Strong and Survival of the Fittest.” However, there are cases where this principle does not apply, when each entity cooperates with the others. Then, rather than surviving because they are strong and adaptable, it may be that they are strong and adaptable because they survived. Cooperation is an act of a very peculiar nature. The truth is, those who cooperate are the strongest. - Joseph’s “just my thoughts”
An important aspect of understanding your business ecosystem is knowing your position within it ( positioning ), whether you hold a higher or lower (subordinate) role, and whether your offerings are substitutes or complements . Netflix started as a DVD rental service. With the rise of online streaming , Netflix saw it as a replacement for DVD rentals. Kimbap and Ramen are complementary goods , but Ramen and Udon are substitutes. This is why, even when setting up a snack bar, paying attention to the menu is crucial. Complementary goods increase sales, while substitutes are more likely to lead to no change or even a decline in sales. - Joseph’s “just my thoughts”